Talking Recession tactics, Living Rich and Finances with The Financial Samurai
Noah Kagan Presents
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How to Get Long Real Estate
If you are a renter, you're actually short the real estate market because you're a price taker and at mercy to inflation and rising rents. You're only really long real estate if you own more than one property,. or at least if you're renting out many of your rooms and trying to make it as a business. Every three to five years i would buy a piece of real estate that i would live in, and then i would rent it out for passive income, and then I would buy a new property. So i've done that four times already. And so i do have four rental properties that pay for half of my passive investment income. But i reached a limit recently
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